Nissan CEO meets Renault’s acting boss
Nissan Motor on Thursday stated CEO Hiroto Saikawa had held a one-on-one meeting with the acting boss of its partner Renault during talks between the alliance that took place in Amsterdam this week. Nissan stated that Saikawa characterized the discussion with Renault Deputy CEO Thierry Bollore as “positive” and “productive”. The Japanese automaker was ready
- Published in Press Releases
U.S. Congress will not vote for self-driving car bill this year
The U.S. Congress will not vote on a bill to speed the introduction of self-driving cars before it adjourns for the year, a blow to companies like General Motors Co and Alphabet Inc’s Waymo unit, key senators said on Wednesday. Congress is also not going to take up a proposal pushed by General Motors and
- Published in Press Releases
General Motors cutting 50 jobs at U.S. battery plant
General Motors stated on Tuesday it prepares to slash 50 jobs at a suburban Detroit lithium-ion battery assembly plant after the automaker announced previous month it will end production of its plug-in hybrid Chevrolet Volt in next year. In a filing with the state of Michigan, GM revealed it will remove 37 hourly jobs and 13
- Published in General Motors, Press Releases
Volkswagen may have to step up electric car strategies to meet EU CO2 targets
Volkswagen may have to step up its strategies for mass production of electric vehicles in order to satisfy tougher-than-expected European targets to slash greenhouse emissions from vehicles, its chief executive stated on Tuesday. The remarks came following the European Union agreed to curb CO2 emissions from vehicles by 37.5 percent by 2030, and follow warnings
- Published in Press Releases, Volkswagen
Canadian ‘thief’ steals car before but returns it with full tank of petrol
When a car is stolen, the owner is obviously unhappy with what happened. In some unusual cases, the car may be discovered but it will certainly have some wear and tear. The owners who get their car back in its original state are extremely rare. But recently, when a Canadian woman’s car was stolen she
- Published in Canada, Press Releases
Baden-Wuerttemberg plans to sue Volkswagen over diesel scandal
The German state of Baden-Wuerttemberg plans to take legal action against Volkswagen over the automaker’s cheating of emissions tests, newspaper Frankfurter Allgemeine Zeitung (FAZ) noted on Monday. The federal state’s bodies, consisting of police forces, bought Volkswagen vehicles that were geared up with a device to rig diesel emissions tests and the paper quoted a
- Published in Press Releases, Volkswagen
China to suspend added tariffs on U.S.-made cars
China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts starting Jan. 1, 2019, the finance ministry said on Friday, following a truce in a trade war between the world’s two largest economies. The Ministry of Finance, in a statement on its website, also stated it hopes China and the United
- Published in Cars, Press Releases
Ghosn’s daughter takes documents, cash from Rio apartment
The daughter of ousted Nissan chairman Carlos Ghosn early on Friday took documents and cash from a corporate apartment in Rio de Janeiro, capping a legal battle over the objects, which the automaker maintains may have evidence of wrongdoing. The midnight visit by Ghosn’s daughter Caroline, accompanied by two court officers and multiple Nissan lawyers,
- Published in Press Releases
Nissan Motor files claim against Ghosn’s sister in Brazil court
Nissan Motor has filed a court claim against sister of Carlos Ghosn that references alleged “unjust enrichment”, escalating a fight being waged in Brazilian courts between the automaker and its former chairman. A court docket dated December 11 that was read by Reuters showed the Japanese automaker submitted a claim against Claudine Bichara de Oliveira.
- Published in Nissan, Press Releases
Brazil judge allows Ghosn access to Rio apartment
A Brazilian appellate judge on Thursday granted former Nissan Chairman Carlos Ghosn access to a Rio de Janeiro apartment, whose contents have seen an intense legal battle in regional courts. The court decision stated Ghosn or his representatives have 24 hours to retrieve personal belongings. Nissan has protested this because the automaker states they may
- Published in Press Releases
Skoda deliveries decreased in China after sales reduction
Czech automaker Skoda Auto, part of the Volkswagen Group, delivered 1.149 million vehicles in the January-November duration, a 5.1 percent increase from a year ago, it said on Thursday. Deliveries in November alone dropped 3.9 percent, mostly because of declines in China, the automaker’s largest market.
- Published in Press Releases
Hyundai to provide suppliers with $1.5 billion in funding
Hyundai Motor plans to issue funding worth 1.7 trillion won ($1.5 billion) to stabilize management of its providers, the company stated on Thursday. The funding is designed to also encourage research and development and innovation by the suppliers.
- Published in Hyundai, Press Releases
White House expects China to cut car tariffs
White House officials informed automakers after a U.S.-China trade call that the Trump administration believes China will cut tariffs on U.S. autos to 15 percent from the current 40 percent, an auto executive stated on Tuesday after being briefed on the earlier evening’s call. The executive informed Reuters the United States had not received any
- Published in Press Releases
Vukotich named as new head of autonomous driving development of BMW
Germany automaker BMW stated on Saturday Alejandro Vukotich is going to be the new head of its driver assistance and autonomous driving development department from January next year. Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire following a three-month handover
- Published in BMW, Press Releases
Auto supplier Bosch anticipates car market stagnating in next year
German auto supplier Bosch expects worldwide car production in 2019 to stagnate at this year’s level, the head of its core auto parts unit stated on Thursday, mentioning a cool-down in China and reduced demand for diesel cars in Europe. “Next year will be subdued. But we do not expect a downturn,” stated Rolf Bulander,
- Published in Press Releases